Kyocera (NYSE:KYO)Historical Stock Chart

5 Years : From Dec 2011 to Dec 2016

Kyocera
Corporation (NYSE:KYO)(TOKYO:6971) today announced its consolidated
financial results for the fiscal year ended March 31, 2012, as
summarized below. Complete details are available at: http://global.kyocera.com/ir/financial/f_results.html

667.23
451.90
-
-
5.51
4.11
Note: As a convenience to the reader, U.S. dollar (USD) and euro
(EUR) conversions are provided based on the rates of USD1 = JPY82
and EUR1 = JPY110, rounded to the nearest unit.

Summary of Consolidated Financial ResultsWhile sales and
operating profit increased in some reporting segments during the year
ended March 31, 2012 ("the period"), these gains were not sufficient to
offset the negative impact of other factors influencing Kyocera's
consolidated results — including the yen's continued appreciation
against the euro and U.S. dollar; weak demand for components used in
consumer electronic equipment; and a decline in sales of mobile phones.
Consequently, Kyocera's overall results declined during the period in
comparison with the year ended March 31, 2011 ("the prior period").

Specifically, consolidated net sales for the period decreased 6.0%
compared to the prior period, to JPY1,190,870 (USD14,523) million;
profit from operations decreased 32.3%, to JPY105,575 (USD1,288)
million; income before income taxes decreased 28.7%, to JPY122,793
(USD1,497) million; and net income attributable to shareholders of
Kyocera Corporation decreased 32.3%, to JPY82,901 (USD1,011) million.

"Although this fiscal year was characterized by a difficult business
environment, we nevertheless made strategic efforts through merger and
acquisition to enhance the future growth prospects of the Kyocera
Group," stated Tetsuo Kuba, president of Kyocera Corporation. "In July
2011 we added the Denmark-based industrial cutting tools manufacturer
Unimerco Group A/S as a wholly owned subsidiary; as well as the
Japan-based LCD manufacturer Optrex Corporation in February of this
year. These acquisitions will allow us to further expand our sales
networks and enhance our business in each respective market."

28,731
10,791
(17,940)
(62.4)
132
98
Note: As a convenience to the reader, U.S. dollar (USD) and euro
(EUR) conversions are provided based on the rates of USD1 = JPY82
and EUR1 = JPY110, rounded to the nearest unit.

Consolidated Forecasts for the Year Ending March 31, 2013During
the year ending March 31, 2013 ("fiscal 2013"), despite uncertainties
regarding the European economy and exchange rates, the Japanese economy
is forecast to move toward recovery due to demand from reconstruction
projects following the Great East Japan Earthquake. In addition, the
U.S. economy is expected to recover moderately while the Chinese economy
is expected to show continued strong growth.

Kyocera expects recovery in production of consumer electronic equipment
as the impact of the Thai floods dissipates; as well as an increase in
demand for components, primarily for smartphones. In the environment and
energy markets, demand is expected to show general improvement compared
with fiscal 2012, primarily due to projected growth from the expansion
of government subsidy policies, including the implementation of Japan's
Renewable Energy Law. Kyocera aims to enhance its financial performance
and expand its business in these potentially high-growth markets by
introducing new products, reducing costs, boosting productivity, and
pursuing synergies within the Kyocera Group. Specific financial
forecasts for fiscal 2013 are as follows.

451.90
523.30
-
Average USD exchange rate
79
80
-
Average EUR exchange rate
109
105
-
NOTE: Forecast of earnings per share is computed based on the
diluted average number of shares outstanding during the year ended
March 31, 2012.

FORWARD-LOOKING STATEMENTSExcept for historical information
contained herein, the matters set forth in this press release are
forward-looking statements that involve risks and uncertainties
including, but not limited to, product demand, competition, regulatory
approvals, the effect of economic conditions and technological
difficulties, and other risks detailed in the Company's filings with the
U.S. Securities and Exchange Commission.

About
KYOCERA

Kyocera
Corporation (NYSE:KYO)(TOKYO:6971) (http://global.kyocera.com/),
the parent and global headquarters of the Kyocera Group, was founded in
1959 as a producer of fine
ceramics (also known as "advanced ceramics"). By combining these
engineered materials with metals and plastics, and integrating them with
other technologies, Kyocera has become a leading supplier of printers,
copiers, solar power generating systems, telecommunications equipment,
electronic components, semiconductor packages, cutting tools and
industrial ceramics. During the year ended March 31, 2012, the company's
net sales totaled 1.19 trillion yen (approx. USD14.5 billion). The
company is ranked #426 on Forbes magazine's 2012 "Global 2000"
listing of the world's largest publicly traded companies.

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